What's the Latest at ASA/Expressjet?
06-09-2014 | 02:21 AM
#6341
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Joined: Sep 2006
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From: Watching, always watching...
In Mesaba's case, didn't Mesaba's Holdings chapter 7/liquidate Big Sky before Chapter 11 with Mesaba?
06-09-2014 | 06:34 AM
#6343
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Joined: Dec 2007
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There's nothing to negoitiate. The company was planning on pulling the plug anyway. You guys just can't get over it! Mesa and Skywest have the orders. Training in progress. It's over. Done. Get on with your lives.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
06-09-2014 | 06:44 AM
#6344
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I looked this up a did a little light reading. As I am not a lawyer or business savy, I don't really fully understand. What it seems to me though is that the holding company that owned Mesaba didn't go bankrupt, just the Mesaba portion. However, in INCs case, wouldn't declaring ExpressJet bankrupt expose too much? I would have to think that Skywest Airlines would also be considered bankrupt. Maybe not Inc its self, but if all of our money, buisness decisions, aircraft etc come from Skywest Inc and ExpressJet has no real money or does not make business deals of its own, how can it be declared bankrupt without taking too much risk to Inc or Skywest airlines? Can you elaborate?
06-09-2014 | 07:39 AM
#6345
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Joined: Jul 2010
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From: CRJ
SkyWest Airlines is a subsidiary of SkyWest Inc. just like we are. In the Mesaba bankruptcy, MAIR bankrupted Mesaba, but left the holding company and Big Sky airlines solvent (Big Sky was later liquidated). SKYW, INC could do the same, bankrupting ExpressJet and leaving SKYW and SkyWest Airlines solvent.
06-09-2014 | 08:08 AM
#6346
Gets Weekends Off
Joined: Mar 2014
Posts: 363
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There's nothing to negoitiate. The company was planning on pulling the plug anyway. You guys just can't get over it! Mesa and Skywest have the orders. Training in progress. It's over. Done. Get on with your lives.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
https://www.youtube.com/watch?v=pTifdoKXoxM (language)
06-09-2014 | 08:36 AM
#6347
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Joined: Mar 2010
Posts: 1,967
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Understand. That's like me not wanting to pay my credit cards, but pay everything else, and then claim I'm bankrupt only to my credit card portion of my debt and have everything else remain untouched. It doesn't make sense, nor seems eithical to allow a buisness to get away with things like that. God knows an individual couldn't But hey, if thats the law, then so be it. Love America!
06-09-2014 | 12:13 PM
#6349
Banned
Joined: Dec 2007
Posts: 2,934
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From: EMB 145 CPT
There's nothing to negoitiate. The company was planning on pulling the plug anyway. You guys just can't get over it! Mesa and Skywest have the orders. Training in progress. It's over. Done. Get on with your lives.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
XJT parked a new Embraer in Atlanta for a reason. And you guys fell for it.
06-09-2014 | 12:16 PM
#6350
Banned
Joined: Dec 2007
Posts: 2,934
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From: EMB 145 CPT
Quote:
Originally Posted by Captain Tony
SkyWest Airlines is a subsidiary of SkyWest Inc. just like we are. In the Mesaba bankruptcy, MAIR bankrupted Mesaba, but left the holding company and Big Sky airlines solvent (Big Sky was later liquidated). SKYW, INC could do the same, bankrupting ExpressJet and leaving SKYW and SkyWest Airlines solvent.
Understand. That's like me not wanting to pay my credit cards, but pay everything else, and then claim I'm bankrupt only to my credit card portion of my debt and have everything else remain untouched. It doesn't make sense, nor seems eithical to allow a buisness to get away with things like that. God knows an individual couldn't But hey, if thats the law, then so be it. Love America!
Originally Posted by Captain Tony
SkyWest Airlines is a subsidiary of SkyWest Inc. just like we are. In the Mesaba bankruptcy, MAIR bankrupted Mesaba, but left the holding company and Big Sky airlines solvent (Big Sky was later liquidated). SKYW, INC could do the same, bankrupting ExpressJet and leaving SKYW and SkyWest Airlines solvent.
Understand. That's like me not wanting to pay my credit cards, but pay everything else, and then claim I'm bankrupt only to my credit card portion of my debt and have everything else remain untouched. It doesn't make sense, nor seems eithical to allow a buisness to get away with things like that. God knows an individual couldn't But hey, if thats the law, then so be it. Love America!
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